Following the success of its Devnet phase, LayerEdge proudly announces the launch of its Incentivized Testnet, marking a major milestone in the mission to build a Bitcoin-backed internet. The Testnet advances LayerEdge’s vision of extending Bitcoin’s unparalleled security guarantees through groundbreaking technology and a modular approach to trust-minimized verification.
Devnet Highlights
The Devnet phase, a precursor to this release, delivered impressive results:
- 24,000+ batches processed
- 240,000+ proofs verified
- $2 Million in estimated cost savings
- 8+ protocols secured and aggregated
This performance showcased the transformative potential of shared verification, and zero knowledge proof aggregation laying the groundwork for the Testnet launch.
About LayerEdge Testnet
LayerEdge leverages Bitcoin’s security as a Babylon’s Bitcoin Secured Network (BSN), anchored by staked BTC, to enable a trustless and modular BitVM implementation. Its core capabilities include:
- Efficient proof aggregation at scale
- Modular BitVM infrastructure
- Robust Bitcoin-backed security through Babylon
- Universal verification systems
Proofs from top protocols like Avail, Bitfinity and others are currently being aggregated and secured on Bitcoin Signet via LayerEdge with many coming soon with this testnet release!
As part of this Testnet rollout, LayerEdge integrates RISC Zero’s zkVM technology into its ZK proof aggregation platform, unlocking significant advantages in scalability, efficiency, and development flexibility
What’s New on the Testnet?
LayerEdge’s integration with RISC Zero’s zkVM plays a crucial role in enhancing LayerEdge’s proof aggregation capabilities. By leveraging RISC Zero’s advanced ZK Coprocessors and built-in GPU acceleration, LayerEdge enables efficient off-chain computation, reducing gas costs significantly while maintaining robust security. RISC Zero’s composite and recursive circuits ensure rapid and scalable proof generation, allowing developers to benefit from mature toolchains and a Rust-based development environment.
By harnessing this, LayerEdge is positioned to efficiently aggregate zero-knowledge proofs (ZK proofs) and settle them on Bitcoin —unlocking new possibilities for scalable, trustless applications to get their security from Bitcoin.
LayerEdge’s Devnet’s implementation of inscribing state transition on a Public Bitcoin Signet now has an even easier module for any user to try it on the dashboard, allowing any user to generate a proof of any input and settle it to Bitcoin Signet just in a few clicks.
LayerEdge Testnet also allows any user to run a light node on top of the network to verify proofs on leaf-level when they’re aggregating, before the state transition is settled on Bitcoin Signet, while earning rewards for it. How LayerEdge’s Light Node Verification via Stochastic Sampling of Proofs work is defined in detail in this paper:
https://github.com/Layer-Edge/Whitepaper/blob/main/Light_Nodes_Whitepaper.pdf
Testnet Rollout Plan
LayerEdge is rolling out the Testnet in two strategic phases:
- Closed Testnet: Live now, with a 6-day stress-testing period open to select participants.
- Public Beta: Full public rollout on January 28, 2025.
What’s Missing?
The implementation of trust-minimized verification on Bitcoin (BitVM based), is still a work in progress. This means that LayerEdge Testnet does not yet implement verification on Bitcoin for the final aggregated proof, but supports the settlement of final aggregated proof in the format of a cenotaph rune. A gradual rollout of the features enables LayerEdge to stress-test the network and identify bugs before moving on to the next phases.
Join Testnet
Developers and users are invited to join the Testnet, experience the easier interface to test the enhanced aggregation module, participate in quests, run a light node and contribute in shaping the future of Bitcoin-backed Internet, all while earning rewards in LayerEdge’s Points by simply logging on to: https://dashboard.layeredge.io/
You’ll need an invite code to access the dashboard, which you can either achieve by activity in LayerEdge Discord or ask a friend who already has an access.
About LayerEdge
LayerEdge is the first decentralized network that enhances the capabilities of Bitcoin Blockspace with ZK & BitVM, enabling every layer to be secured on Bitcoin & true Bitcoin Rollups achieving trust minimized settlement. By leveraging BitVM based trust-minimized verification & proof aggregation, LayerEdge Network enables rollups/blockchains to settle on Bitcoin at up to 1% of the required blockspace and associated costs.
LayerEdge’s mission is to power the Bitcoin backed Internet for all layers, blockchains, rollups and apps. LayerEdge is developing a proof aggregation & verification layer bringing efficient trust-minimized settlement to Bitcoin, light clients for proof sampling, and a Universal Validator Set (UVS)
Media Contact
LayerEdge Team
info@layeredge.io
Singapore, Singapore
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。